H&T Group (LON:HAT) Drops Below 200-Day Moving Average

January 22, 2025 12:00 AM GMT | By Team Kalkine Media
 H&T Group (LON:HAT) Drops Below 200-Day Moving Average
Image source: shutterstock

Highlights

  • Stock Movement H&T Group (HAT) shares slipped below the 200-day moving average.
  • Key Metrics The stock recorded a 200-day moving average of GBX 370.09, with recent trades near GBX 355.
  • Trading Activity Over 52,000 shares exchanged hands, reflecting heightened interest.

H&T Group plc (LON:HAT), part of the LON financial stocks services category, saw its stock price dip below the 200-day moving average during Tuesday’s session. The shares reached a low of GBX 352 before closing at GBX 355, signaling a decrease compared to its 200-day average of GBX 370.09. With 52,768 shares traded, the activity highlights notable interest in the stock's current performance.

Trading Metrics Overview

The company's financial health metrics remain robust. H&T Group reported a debt-to-equity ratio of 46.82, a current ratio of 15.96, and a quick ratio of 4.55. Its 50-day moving average stood at GBX 353.61, aligning closely with recent trading levels, while its beta of 0.69 indicates moderate market volatility. The firm’s market capitalization sits at £153.96 million, with a price-to-earnings (PE) ratio of 710.00, reflecting specific valuation dynamics in the LON financial services space.

H&T Group’s Market Role

As the UK’s largest pawnbroker, H&T Group delivers a wide range of financial services tailored to diverse customer needs. It also ranks as the sixth-largest retailer of high-quality pre-owned and new jewelry and watches, further strengthening its market presence. The company emphasizes elevating pawnbroking to be a more widely recognized and valued financial service, underlining its commitment to innovation and customer-centric solutions.

This development around H&T Group (LON:HAT) adds to the broader trends in the LON financial services sector, offering insights into the company's performance trajectory.


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